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Topic: John McAfee (Libertarian Candidate) On Bitcoin And The Economy (Read 634 times)

legendary
Activity: 1442
Merit: 1016
He is partially right. But I don't think that Feds will be be watching quietly as crypto revolution swipe them away.
All I know - there will be fight for your money, and taxes. And to fight bitcoin Government could soon introduce cryptodollar and all other altcoins will be declared illegal to use.

Declaring something illegal doesn't mean people won't use it.
Or is the world free of cocaine use, heroin use to just name 2 examples?Don't think so.
And I doubt that all governments on this planet would agree to one same thing.There will always be a few who will take advantage of a ban or stupid law in other countries.And why? Because there is a shitload of money to make with cryptos like Bitcoin!!
legendary
Activity: 1288
Merit: 1000
He is partially right. But I don't think that Feds will be be watching quietly as crypto revolution swipe them away.
All I know - there will be fight for your money, and taxes. And to fight bitcoin Government could soon introduce cryptodollar and all other altcoins will be declared illegal to use.
sr. member
Activity: 420
Merit: 262
I sort of agree with him one what he said in regards to cryptocurrencies coming and fed will be gone and a strange period will began but what I didn't agree was the fact that he said, it might not be BTCitcoin, but it will be a crypto currency, since IMO the best and only shot for this to happen is as if BTCitcoin succeeds to that level and not any other cryptocurrencies by a long shot.

I actually think he is correct that it might not end up being Bitcoin. And I am expert of what I am talking about at a level that you are likely not. No offense intended.
hero member
Activity: 546
Merit: 500
I sort of agree with him one what he said in regards to cryptocurrencies coming and fed will be gone and a strange period will began but what I didn't agree was the fact that he said, it might not be BTCitcoin, but it will be a crypto currency, since IMO the best and only shot for this to happen is as if BTCitcoin succeeds to that level and not any other cryptocurrencies by a long shot.

I find myself saying "it might not be bitcoin" all the time to people because they seem to think you either are religious about bitcoin or just want to pump the price of it.  Its best to just saying crypto currency and then they google it and hit bitcoin anyway.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
I sort of agree with him one what he said in regards to cryptocurrencies coming and fed will be gone and a strange period will began but what I didn't agree was the fact that he said, it might not be BTCitcoin, but it will be a crypto currency, since IMO the best and only shot for this to happen is as if BTCitcoin succeeds to that level and not any other cryptocurrencies by a long shot.
hero member
Activity: 546
Merit: 500
https://www.youtube.com/watch?v=bVeq2rdZyPw

John McAfee talks about bitcoin and how it will remove money control from the fed.  Do you agree with him? can you imagine what the structure of the govs in 20,30,40 years etc look like as a result?
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